#ElizabethHolmes #Theranos #ElizabethHolmes
Yahoo Finance legal reporter Alexis Keenan details the latest in the fraud trial of former Theranos CEO Elizabeth Holmes.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
She d
look, its important that people like this are found guilty. it is so obvious that she tried to rip people off… if things like this are allowed to continue people will not want to invest. if people stop investing, we will all suffer due to lack of jobs.
I agree, but I also feel guilt should be attributed to the greedy dinosaurs like Schultz, Kissinger, the military fellow, the star lawyer firm, the professor and others who played along to make a quick buck. They were the real smoke and mirrors in this deceptive act — without them Elizabeth would not have gotten this far. In my view they are the real problem — and Elizabeth is now painted as if she is the only one behind this.
Good point. Destroying trust, like Holmes has done, has the downstream effect of less job creation. Hadn’t thought of it that way – thanks!
@Lorna Rettig Trust was lost back when GAAP accounting practices gave infinite flexibility for creative accounting. Discerning real share value is worse than black magic.
Or worse. People like her will continue to commit fraud.
@Clifford Mathew what can one expect from people like Schultz and Kissinger.!!! They are accostumed to sinister decisions, like Kissinger who manipulated the ’73 coup d’etat in Chile that lasted 17 years. By.putting in a tin star general (Pinochet) in place of a democratically elected president (S. Allende)
Is she still trying to raise money for her next venture?
Yes. The next venture would be how to jail break
Yo Holmes…
She had a baby knowing that she faced 20 plus years in jail. She doesnt care about anybody but her self. Even her baby is being used as a prop.
Well put. Absolutely agree.
The fraud crime is a minor but to disregard and give falsify results regarding patients’ health is immoral and unlawful. I hope she gets beyond the maximum sentence.
@Alex Gibb I don’t even know how to respond to such ignorance. My statement is simply comparing the importance of fraud and total abandonment of lives. You went on to insinuate that fraud is a part of my culture? Let me fill you in a simple fact simpleton. When you are planning on investing in something you have the responsibility of doing your own research on how legit the company is. If I come to you and try to sell you a product and one of your family member told you that it’s a scam, would you still buy my product? (e.g. George Shultz). If you value the millions of dollar over people’s lives then I have nothing else to say.
@Ken Nguyen u really have no idea about investing at alll. First of all if the ceo cannot lie. Look at tesla when elon said he secured investing when in fact no one want to take tesla private. He is fine for it. As i said this is america. May be in Vietnam everyone lies. Not here. The ceo have to be honest. Another thing both money and life are equally important. To say one import another not is just illogical. Try to steal someone money and see how he survives the next day. So both are major crime. As i said probably u are Vietnmes and people there loe all the time and there is no law . Not here.
@Alex Gibb Who are you to tell me what is important and what is not? Are you that stupid enough to ask me me if I steal someone’s money and how he will survive the next day? And you said I don’t know anything about investing? Any dummy would know not to invest everything in one company. Sounds like you got tricked into investing in theranos and are scorned AF. I guess you’re the type where if you had a million dollar in cash and a murderer said choose between your dad’s life and the money you will choose the money. GTFOH!
@Alex Gibb hundreds of millions*
There’s a class-action lawsuit against her, that is still ongoing. this is separate from the criminal trial.
It is very common in US research institute to fabricate the data.
Clearly there are m o r o n s on the jury for this to be on three days deliberating. This is open and shut by anyone that paid attention to the details of this case.
However there are multiple charges to address. Not just one verdict
Clearly this executive mislead Americans falsifying results, this hurt real people, they made wrong decisions based on her lies. Give her the maximum 20 years in prison.
Hoping for justice –
Jury system is nonsense.
All the pictures used make her look like an innocent little girl. Very calculated imo.
If she goes to prison, will she go to Gen. Pop?
The longer the deliberations, more likelyhood of innocence. With Sonny unable to defend his alleged abuse, they have advantage. The judge struck it , but cant unhear it. This was high risk, speculative investment, easy case to say she was behind when the game ended.
Some parallels to the Patty Hearst trial (found innocent ) most people dont want see a mom go to prison on non-violent “crime”.
She a bad girl, that attracted bad boys……they all played together.
@Lorna Rettig oh really . I told business law 50 yrs ago ( got A ) Could get her off pretty easy. Greedy investors, sexual assault by business party and would invent a defense similar to Patty Hearst “ Stockholm “ defense .
@Steven Griffin uh, no. The prosecutors shared numerous evidence of Holmes being a bully to investers and whistle blowers (one even committed suicide). No one is buying the sexual abuse manipulation bull crap she’s pulling off at the last minute. Most importantly, this wasn’t Apple or some gadget but a tech that involved patient health. After hearing all those cases where people’s lives were in danger, shes not going to get off the hook.
@Steven Griffin, I guess she hired the wrong attorney then lol? I heard she paid almost 4 million for the trial attorney’s and that does not include appeals. She is losing almost every round to the prosecutors and had to put her on the stand as a hail mary, last resort!
**edit- Pretty sure they got A too
@Justice League yeah maybe so . Some UTube guy saying prosecutors blew it by failing to bring in large investors that passed .Not too clear what value .
I heard some parallels between Holmes and Thomas Edison . He didn’t get the bulb on first try .
God knows , someday her idea will work .
She was blue sky salesman
@Steven Griffin Blood testing has been around for centuries. The Chinese were among the first civilization to have discover ed the testing of blood over 3500 years ago. They would mix it with different ingredients for different results. As technology gotten more advance the method of testing blood also got much more advance. Her finger prick sample is NOT possible for all the test she claim that it can test. Just like flying cars, it is simply not possible unless we discover or invent a much more effective fuel/power source instead of petroleum/gas
She’ll get Club Fed like Lori Loughlin or Martha Stewart. She will likely be out in 6 months and have a job as a commentator on MSNBC or something. That or she’ll make a bundle on the Lecture circuit like ENRON’s Andrew Fastow. 🙄
I wonder what voice she would use.
If she gets off on this I’m jumping in the nearest coldest lake!
I’m not worried about her rich investors but ordainary ppl caught up in the crooked inhumane USA Healthcare system
Are you suggesting that just because someone is “rich”, he/she does not deserve justice and can be defrauded w/ impunity? If you think that way, then is amongst the top 0.17% in income qualifies as “rich” to you? If so, then half of all U.S. households actually qualify as rich, because when compared to the rest of the world, the median U.S. household income of $63k put you in the world’s top 0.17% (according to Global Wealth Report 2018). We (as Americans) are fantastically rich. So I would think thrice before advocating the “rich” does not deserve justice or that they can be defrauded with impunity.
@Victor Chan I was referring to her greedy capitalist investors wanting to fatten up their already bursting bank accounts while ordainary ppl struggle to meet the financial burdens of the usa corrupt Healthcare system!
@peterah7957 he went off like a bat.!!!! Understood you perfectly.the first time. Guess some people dont put their glasses to read.
And by the way.,……It is a corrupt medical system we have. Unless of course, you havent lived anywhere but here.!!!
@Louis Gonzalez Thankyou…. I know it is… I have American friends who have moved to Europe for better lives for their children.. No guns and decent Healthcare aswel as progressive laws to help ordainary people, where private enterprise succeeds but not at the expensive of people suffering. Luckily enough though these Americans have European passports because of their parents… 2 are from polish families and the other is from German parents.
They didn’t take long to find her guilty of fraud. They are deliberating if she faked her voice or not.
lmao 🤣
So, no news then
This was a very elaborate and well thought out planned fraud. I mean this is ridiculous. It went on for years.
THERE’S TONS OF MEDICAL COMPANIES OUT THERE WITH THE LATEST TECHNOLOGY AND TONS OF SUPER SMART SCIENTISTS ON THEIR PAYROLL AND THEY DON’T EVEN DARE TO TRY SUCH STUPID IDEA BECAUSE THEY KNOW IT DOESN’T WORK. HERE COMES A COLLEGE DROP OUT WHO THINK SHE’S GOT A GOOD IDEA AND RICH MEN WANTS TO HELP HER MAKE IT WORK?? MORE LIKE THEY WANTS TO GET INSIDE HER PANT. COME ON! WHAT? YOU THINK THAT THESE RICH AND SMART MEDICAL COMPANIES HAVEN’T THOUGHT ABOUT SAME IDEA? HOW STUPID CAN YOU BE??
if she isn’t guilty it will be an injustice!
Something i never understand. Why murdering people mostly get the same amonth of sentense to this? lol
It’s because she might have ruined 46700 lives, while the murderer killed only one.
lol
She is the l3ast attractive Whyte girl I think I’ve ever seen . And that voice too?🤯 ☠️
It’s not complicated, she committed fraud, is a social path, a con and should go to jail.
Forget James Earl Jones!!
Let’s use Elizabeth moving forward Disney!!
The minute they put 8 men in the jury and one in the judge’s seat everyone knew how baby blue’s trial would end
Put her in jail already. Its not that hard, a 3rd grader would have a easy time with it. Did she con the people for many years, for a ton of money. HELL YES !!!
Please convict me in her place and give the 900000000 $
GUILTY ON ALL CHARGES.
There is something so creepy about that… ummm .. woman? It … talks very strange and has soulless eyes like a sociopath that was engineered in a lab or something… very strange person.
It’ll be nice if a rich person actually gets locked up for committing a crime for once (almost all rich people have at least one reason to be locked up), but actually the kind of machine she thought of should be attempted to be created. If someone can do it, then it could actually be very useful.
Elizabeth Holmes pleaded not guilty. You all should believe. Investors put R&D into Elizabeth. It was a risk startup investment. Not guilty charges.
No, if she actually published a paper with this “technology”, she would have been shredded a new one in peer review and never received a govt science grant. Going into a company, she can hide and obfuscate the tech from investors and just (fraudulently) collect money for her rich lifestyle.
do you have a hard on for her. Ive seen you comment on every video saying shes innocent. she is guilty. she lied abotu technology and defrauded investors. she will be on the show AMerican greed
Guillotines.
The class-action civil suit against her, her company and Walgreens is proceeding, with Holmes as her own counsel. Her lawyers quit, because she hadn’t paid them in over a year.
I hope she’s destitute after all this. She did harm to peoples’ health, as well as defrauded investors.
This is big time fraud and this criminal must serve big time!!
If her machines ever did what she claimed, then she had a money making product but they never even got close so her constant focus was on a fantasy that she turned into a fraudulent marketing strategy to bilk investors! She’s rich and blonde so she will probably never be imprisoned!
Will she give up her $135 million dollar mansion? I don’t think so! She’s so far gone into the rabbit hole she will never come back!
All this rich people never end up in jail, whatever anyone says. Its the sad truth
Balwani ad Holmes are both svegali personalities of each other and their nvestors